CardioFocus Receives $5,000,000 New Funding
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96e102fb-7b37-40f7-811b-ddc590be7dce&Preview=1 -
Date
3/21/2011 -
Company Name
CardioFocus -
Mailing Address
500 Nickerson Road Marlborough, MA 01752 -
Company Description
CardioFocus, Inc. is a privately held medical device company based in Maynard, Massachusetts. The company is developing, manufacturing and marketing proprietary, disposable fiber optic catheters for the visualization of the cardiac anatomy and the treatment of cardiac arrhythmias such as atrial fibrillation. -
Website
http://www.cardiofocus.com -
Transaction Type
Debt -
Transaction Amount
$5,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
CardioFocus will use the new financing to initiate its pivotal trial in the United States and to expand the commercialization of its products in Europe. -
M&A Terms
-
Venture Investor
Silicon Valley Bank
